The Hindu Business Line : Wednesday, January 24, 2007

COMMODITY EXCHANGES
Centre bans futures trading in tur, urad
The Centre on Tuesday night banned futures trading in tur and urad until further notice. When contacted, the Forward Markets Commission Chairman, Mr S. Sundareshan, told Business Line: "No comments". Commodity exchange sources said they ... More

WHEAT
Maharashtra Govt eases wheat storage limits
Taking note of a bumper rabi wheat crop, the Maharashtra Government on Tuesday eased storage limits on wholesalers imposed under the Essential Commodities Act early September. Wheat wholesalers can now store up to 300 tonnes in ... More

CLIMATE & WEATHER
Below normal rainfall likely in S. India
Colombo varsity projection More

INSIGHT
Trampling farmers' right to property
The judiciary does not take suo motu notice of any situation, howsoever in violation of the Constitution that may be. It can pronounce its position only when a specific case comes before it. On January 11, the Supreme Court, while ... More

FERTILISERS
Coromandel Fert to buy out IFFCO's stake in Godavari Fert
For Rs 120 cr at Rs 150 per share; open offer on cards More

New Web-based system to track fertiliser flow
Maintain district-level stock point, urea manufacturers told More

HORTICULTURE/FRUITS & VEGETABLES
Buying by cold storage units props up potato
Strong buy orders from cold storage units saw potato futures hit the upper circuit of 6 per cent on MCX at Rs 504 per quintal. "Potato futures had fallen in the last few sessions attracting investor interest," said an analyst from Karvy ... More

RUBBER
Ungraded rubber gains on buying
Physical rubber prices closed almost steady except ungraded rubber, which improved sharply to Rs 91 a kg from Rs 89.50 on aggressive buying from the north Indian sector. The grade even touched Rs 92 in early session. The market is keeping a low ... More

METALS
Customs duty cut may hit revenues by Rs 3,000 cr
Move aimed to check rising inflation, says Chidambaram More

OILSEEDS & EDIBLE OIL
AP Organics ties up with IICT
Move to develop products from wastes of paddy, rice bran More

CASHEW
30-member cashew team in Vietnam
A 30-member delegation of Indian cashew exporters is on a 4-day visit to Vietnam during January 22 - 25 for holding discussions with Vietnam Cashew Association (VINACAS). The delegation comprising 28 exporters from six States will hold ... More

SPICES & CONDIMENTS
Pepper futures decline on selling pressure
The pepper futures market witnessed a decline in prices on Tuesday presumably due to a technical correction. The prices, which were on an upward swing during the past few days, dropped on good selling pressure in the futures market. It could ... More

AGRICULTURAL POLICY
Centre may impose ceiling on sugar exports
DGFT's recent notification raises fresh doubts More

TRENDS
Centre awaiting land acquisition rehab package details from States
The Union Minister for Commerce and Industry, Mr Kamal Nath, on Tuesday said that the UnionGovernment was awaiting the land acquisition rehabilitation package from the State Governments for farmers whose land is acquired for creation of SEZs. He ... More

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Pick a Winner Stock Market Contest

Deora pitches for removal of excise duty on diesel

Services, software seen growing at 28%

Indian Hotels Q3 net profit rises 43 pc at Rs 88 cr

Prudential earns half its profits from Asia

Railways planning to increase coach height

Stamp duty on transfers from holding company

Reliance Comm plan among 23 FDI proposals cleared

New Web-based system to track fertiliser flow

Looking back
Jan. 14-Jan. 20
Sugar industry ready to exploit Indian Ocean region: ISMA chief

Dues to fertiliser cos may cross Rs 11,500 cr

Rabi oilseeds acreage down by over 10 lakh hectares

Industry vs agriculture

Wheat output: Weather to set course

Low global prices lead to rise in ginger imports